(40 ILCS 5/7-143) (from Ch. 108 1/2, par. 7-143)
Sec. 7-143.
Retirement annuities-Reduction.
If the participating employee elects a reversionary annuity in
accordance with Section 7-145, his retirement annuity shall be reduced by
an amount equal to the annuity which could be provided for him at the time
the annuity begins from the accumulated additional credits required to
provide the reversionary annuity.
(Source: P.A. 77-2121.)
|